Latest Headlines

BGC Australia has appointed three high profile independent non-executive directors to help advise the family-owned business empire as it enters a global sale process.

BGC Contracting and Laing O’Rourke have terminated their contract with Omega Construction on the Northlink road project after the sub-contractor disclosed it had major financial problems.

PODCAST: In this podcast Mark Pownall and Mark Beyer discuss investment market volatility, property prices, BGC, Navitas heads three major deals in the offing, restaurant awards, Beaumonde Catering, Julie Bishop, and our special report on ICT infrastructure

ASX-listed Huon Aquaculture has been granted a license to operate an aquaculture farm off Geraldton, while Fremantle-based Ocean Grown Abalone has awarded a $2.7 million contract to build a processing facility in Augusta.

Former foreign affairs minister Julie Bishop says it’s too early to speculate if she’d run for the Liberal leadership after the next election, but she believes the party needs to do more to recruit women and keep a broad base of talent, speaking at today’s Success & Leadership breakfast.

In the latest property deals wrap, three sites are on the market, including Aldi in Wattle Grove, 675 Murray Street and a 20-hectare slice of land in the Shire of Serpentine Jarrahdale, while an industrial site in Welshpool recently sold for $2.8 million.

Artist-run initiative Moana Project Space has announced its first major exhibition since its Hay Street Studios closed last November.

Opinion: Stop blaming your run of outs on others; how you respond to challenges is entirely up to you.

Opinion: Investment bank Credit Suisse says there could be a new micro-LNG train getting ready to roll in WA, and smaller players such as Beach Energy could be in the driver’s seat.

The Australian share market was lower at midday, dragged down by the big banks and energy stocks hit by plunging oil prices.

Trump blames ‘crazy Fed’ for rout

Wall Street indexes continued their slide in a volatile session as investors worried about rising interest rates and braced for a trade war hit to corporate earnings.

Oil prices have slumped to more than two-week lows as global stock markets fall, with investor sentiment made more bearish by a bigger-than-expected build in US crude inventories.

Gold prices have jumped over two per cent to more than a two-month high as tumbling global stock markets sent investors rushed to the safe-haven asset.

Several major deals in recent months mark a surge of activity in the shopping centre space.

Long-running efforts by tungsten miner Wolf Minerals to stay afloat have failed, with the company’s directors appointing voluntary administrators.

The high rate of vacant CBD office space, and incentives on offer, continue to pressure landlords in near-city locations.

A host of WA gold miners including Evolution Mining, Saracen Mineral Holdings and Regis Resources registered strong gains today, as the broader market suffered its second worst day of the year.

Bunbury-based CipherTel has won the latest round of state government grants to deliver high-speed broadband to areas not adequately covered by the National Broadband Network.

Victorian forestry company Midway has announced plans to invest up to $8 million in two Western Australian biomass companies.

Perth businessman Neil Irvine has moved to full ownership of Beaumonde Catering after buying out former managing director Brian Leyden.

Pacific Energy has been awarded a contract to install additional generation capacity at St Barbara's Gwalia gold mine as part of an expansion project.

Despite a fall in Perth’s median house price in the September quarter, nearly 60 suburbs bucked the trend to record a price increase, according to the latest data from Real Estate Institute of Western Australia.

Specialist civil engineering company Bocol Constructions has been awarded a state government contract to build two 100-metre-high skywalks in Kalbarri national park.

Commonwealth Bank chief executive Matt Comyn has spoken face-to-face with customers affected by the kind of misconduct revealed at the banking royal commission.

Wesfarmers has appointed a new managing director to run office supplies business Officeworks, with Sarah Hunter from Coles stepping into the role.

A Curtin University team has developed an improved, cleaner, technique to turn the sun’s energy into hydrogen, amid increasing industry interest in the opportunities.

The Australian share market has plunged at the open, with every sector deep in the red following Wall Street's overnight tumble.

Morrison fast-tracks breaks for small business

US stocks have tumbled, with the S&P 500 and the Dow marking their biggest daily declines since February 8 and technology stocks were at the centre of the carnage as rising US Treasury yields sent investors fleeing from risky assets.

Oil prices dropped two per cent overnight as US equity markets broadly fell, even though energy traders worried about shrinking Iranian supply from US sanctions and kept an eye on Hurricane Michael, which closed some US Gulf of Mexico oil output.

Gold prices inched up as investors sought refuge in the metal after the dollar weakened and global stocks tumbled on the back of rising bond yields.